Azure Dyn Share Discussion Threads

[arnoldlane] 04/10/2005 07:29

Azure closed at C$1.59 in Canada on high volume of 1.6m shares. That translates to 77.5p.

And that was before the announcement of another order this morning.

Even though the shares have risen strongly, I don't think investors should be too quick to take profits. This could be a major multi-bagger. The market value is still only around £100m. Alternative Energy is THE area to be in right now and Azure have a technically market leading technology that is actually being sold, rather than just talked about.

Enjoy the ride!

al

[fromtheblue] 04/10/2005 07:20

Great news - pity I sold out too soon!

[pomp circumstance] 04/10/2005 07:03

Sale-Contract

Azure Dynamics to deliver four hybrid electric shuttle buses to UPROSE

in Brooklyn, NYC



TORONTO, Oct. 4 /CNW/ - Azure Dynamics Corporation (TSX - AZD &

LSE - ADC) ("Azure Dynamics" or the "Company") a leading developer of hybrid

electric and electric powertrains for commercial and military vehicles is

pleased to announce the sale of four 20-passenger hybrid electric shuttle

buses to UPROSE (the United Puerto Rican Organization of Sunset Park) made

possible with a grant from the New York Power Authority (NYPA).

The hybrid electric "Citibus" employs the same chassis and hybrid

electric drive system currently used in delivery vans supplied to other Azure

customers. The hybrid chassis is fitted with a conventional shuttle bus body.

"The sale of these four buses demonstrates the continued successful

launch of our Citibus product. We are pleased to be working with UPROSE in

support of their mission to provide a clean environment for the residents of

Sunset Park in Brooklyn. Our Citibus product improves fuel economy by as much

as 40% and reduces emissions by up to 90% when compared to a conventional

shuttle bus," said Mark Federle, Azure's Vice-President, Sales.

"Working with electric drive component developers to introduce emission

reduction technologies is a major goal for the New York Power Authority," said

NYPA President and Chief Executive Officer, Eugene W. Zeltmann. "We have

successfully worked with Azure Dynamics on several electric drive projects and

look forward to additional opportunities to improve air quality for all New

Yorkers."

The purchase of the Citibuses was made with funding and support from

NYPA. UPROSE will distribute the buses to the Al Noor School, the Chinese-

American Planning Council, and the Sunset Park Senior Center. "Not only have

these organizations been involved with the NYPA project from the beginning,

but they also represent constituencies that range in age and ethnicity to

reflect the diversity of Sunset Park," stated Elizabeth Yeampierre, UPROSE's

Executive Director. "Through projects like the purchase of hybrid shuttle

buses, UPROSE hopes to raise the awareness of pollution reduction efforts."



NYPA is the largest state-owned electric utility in the United States and

operates a diversified electric transportation program responsible for placing

750 electric and hybrid electric drive vehicles in service with its public

sector and economic development customers.



Founded in 1964, UPROSE is Brooklyn's oldest Latino community-based

organization. As an intergenerational community-based organization dedicated

to the development of southwest Brooklyn and the empowerment of its residents

primarily through broad and converging environmental, sustainable development

and youth justice campaigns. UPROSE aims to ensure and heighten community

awareness and involvement, develop participatory community planning practices,

and promote sustainable development with justice and governmental

accountability.



Azure Dynamics Corporation is a world leader in the development and

production of hybrid electric and electric commercial and military vehicles

and systems. The group estimates it has over 25 million miles of vehicle

experience. Azure Dynamics' operations are based in North America and Europe.

Azure Dynamics is currently working internationally with various partners

and customers including Purolator Courier Ltd., Canada Post, US Department of

Defense, United States Postal Service, SEV Group Limited, Leyland Product

Development and London Taxis International. Azure Dynamics Corporation is a

public company trading on the TSX (AZD) in Canada and on AIM (ADC) in the UK.

For more company information please visit www.azuredynamics.com.



The TSX Exchange does not accept responsibility for the adequacy or

accuracy of this release.





For further information: Mark Federle, Vice-President,

Sales, [phone], Email: mfederle(at)azuredynamics.com; Steven Glaser,

Vice-President, Corporate Affairs, [phone] x105,

Email: sglaser(at)azuredynamics.com

(AZD. ADC)

[shirishg] 04/10/2005 00:04

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[shirishg] 03/10/2005 20:54

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[pomp circumstance] 03/10/2005 17:39

i wonder how many stocks chippy posed that on!!!! Plonker!!

[sheeneqa] 03/10/2005 17:26

I have taken profits for the time being, will buy again on any possible pullback....

[shirishg] 03/10/2005 11:56

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[pawb69] 02/10/2005 20:03

been tipped by tom bulford

[chippy2] 02/10/2005 19:31

I am 100% confident we will all see at least a 10% rise tomorrow !

Good Luck to all.

[jpuff] 26/9/2005 21:03

up 8% in Canada

[sheeneqa] 23/9/2005 13:12

Profits in 2006, doubt it, as Panagos states cash burn is huge and it will take many more deals like purolator before I see Azure in profit.......

Any idea what the cost of a powertrain is?

Azure is farming the work out.......

Hope this company makes it, much needed technology, but a long way to go...

[fromtheblue] 22/9/2005 11:41

More positive news on the market for hybrids:-



Edit: Another 6% Gap up in Toronto on open - not reflected here yet.

[panagos] 22/9/2005 07:43

cheers al, will do.
rgds

[arnoldlane] 21/9/2005 17:22

panagos,

Azure recently raised C$11.5m from a Boston-based institution. We'll find out soon enough who that is. I think that gives them about C$26m in cash, which is roughly about £12m.

I have also seen research from a Canadian broker (available on Multex if you subscribe) which forecasts profits in 2006 on the back of the Purolator deal.

It's a forecast of course, so it could all go pear-shaped, but I think this has legs.

Don't take my word for it though, do your own research.

Cheers

al

[panagos] 21/9/2005 09:35

AL

"The balance sheet is strong and the company will report a profit in 2006".

how do you know that?

Potential is great BUT Cash burn is huge

[arnoldlane] 21/9/2005 09:14

I am staggered that there has been no comment on this share for 5 days now.

There is little broker coverage at the moment, but there lies the opportunity.

Hybrids are here to stay and I think that focussing on commercial and military is very sensible as these end markets will be less concerned about image and more concerned with performance and fuel savings.

Azure has developments with a large number of vehicle users: Canada Post, Bronx Bus, US Army etc. OK, these are only developments, but the Purolater deal is the key. They are actually going to use the Azure Technology in 115 vehicles and my understanding is that this will ramp up to 400 vehicles annually for the next 5 years. So, put simply, the technology works! Once the likes of Fed-Ex and US Post start looking at it, we could quite easily have a $1bn company on out hands. As the current market cap is about $150m, that leaves a staggering amount of upside.

The balance sheet is strong and the company will report a profit in 2006.

Any views?

al

[pomp circumstance] 16/9/2005 11:13

Maybe you should add this chart to the top post

[fromtheblue] 16/9/2005 10:59

CBC News on today's announced order:-

[sheeneqa] 16/9/2005 07:33

Be very suprised if we do not double on that news in the coming months......

Can see now why the big boys are throwing money at ADC.......

[pomp circumstance] 16/9/2005 07:23

Nice!!!!

Purolator vehicle order from Azure

Purolator Courier Ltd. orders 115 Azure hybrid electric vehicles



TORONTO, Sept. 15 /CNW/ - Azure Dynamics Corporation (TSX - AZD &
LSE - ADC) ("Azure Dynamics" or the "Company") a leading developer of hybrid
electric and electric powertrains for commercial and military vehicles is
pleased to announce that Purolator Courier Ltd. ("Purolator"), Canada's
largest courier company, has executed an order to purchase 115 new hybrid
electric vehicles.
The order placed by Purolator marks a significant move forward regarding
Purolator's commitment to replace its urban courier vans with environmentally
sensitive vehicles. In September 2003, Azure Dynamics and Purolator signed a
supply agreement for the replacement of up to 2,000 conventional powered
vehicles with Azure powered hybrid electric vehicle technology. The order now
placed by Purolator represents the first commercial production vehicles to be

Produced by Azure under that agreement and comes after a period of extensive
pre-production testing by both Purolator and Azure of Purolator vans outfitted
with Azure powertrain technology. Deliveries of the first vehicles will
commence in 2006. Azure continues to advance it's product through various test
prototypes to preproduction vehicles. Ultimately, Azure intends to offer a
full range of series and parallel hybrids.
Campbell Deacon, CEO of Azure Dynamics said, "The 115 hybrid electric
vehicle order is the largest of its kind in the delivery industry. We are
proud to be associated with Purolator and believe their bold leadership will
be instrumental in changing the way the industry does business. Azure will
continue to work to achieve and exceed the performance standards necessary for
Purolator and others to make such ground breaking orders."
Robert Johnson, President and CEO of Purolator remarked, "Given
commercial realities, Purolator is committed to doing what it can to have a
positive impact on the environment. We are pleased that the technology
continues to perform at the high standards we need to see in order to maintain
our excellent delivery performance for our customers. It gives us the
confidence to embark on the next phase of fleet replacement with Azure's

Hybrid electric vehicle technology."

About Purolator
---------------
As Canada's largest courier company, Purolator Courier Ltd. of
Mississauga, Ontariois committed to its customers. From automated solutions
to 24 hour pick up and delivery, Purolator provides customers with the
services and customized solutions required to get their shipments across town
or around the world. Purolator operates Canada's largest dedicated air express
fleet. Purolator has an extensive service network, with over 11,500 employees,
including more than 3,500 couriers, over 140 operations locations, over 155
Shipping Centres, over 550 Authorized Shipping Agents and more than 420 drop
boxes. Purolator processes over 5.5 million pieces (delivery and pick up) each
week for destinations across Canada and around the world. Purolator is
committed to helping alleviate hunger in Canada, and works closely with the
Canadian Association of Food Banks to support local communities. For more
information please visit the company website at www.purolator.com.

[sheeneqa] 14/9/2005 15:48

Might get a new high here shortly, still early days for this company but success will surely come.....

[pomp circumstance] 09/9/2005 07:13

More good news, we got serious money behind this baby!!!

TORONTO, Sept. 8 /CNW/ - Azure Dynamics Corporation (TSX - AZD &

LSE - ADC) ("Azure Dynamics" or the "Company"), a leading developer of hybrid
electric powertrains for commercial and military vehicles, announced today
that it has closed the financing that it previously announced on August 24,
2005. The private placement was originally contemplated at CDN$13.4 million.
It has now been capped at slightly over CDN$11 million in order to conform to
the institutional investment advisors internal policies. As a result, the
Company has issued 11,050,000 common shares, at a price of CDN$1.00 per share,
raising gross proceeds of CDN$11,050,000.

Campbell Deacon, Azure's Deputy Chairman and Chief Executive Officer
said, "Azure Dynamics is fortunate that one of the world's largest investment
advisors has decided to significantly increase its investment, on behalf of
clients, in Azure by way of this financing. The addition of these funds takes
Azure's cash reserves to in excess of CDN$26 million."


Azure Dynamics Corporation is a world leader in the development and
production of hybrid electric and electric commercial and military vehicles
and systems. The group estimates it has over 25 million miles of vehicle
experience. Azure Dynamics' operations are based in North America and Europe.

Azure Dynamics is currently working internationally with various partners
and customers including Purolator Courier Ltd., Canada Post, US Department of
Defense, United States Postal Service, SEV Group Limited, Leyland Product
Development and London Taxis International. Azure Dynamics Corporation is a
public company trading on the TSX (AZD) in Canada and on AIM (ADC) in the UK.
For more company information please visit www.azuredynamics.com.

[pomp circumstance] 25/8/2005 07:10

More support for Azure!!

Azure Dynamics announces private placement

Azure Dynamics announces $13.4 million private placement with major
Boston institutional investment adviser



TORONTO, Aug. 24 /CNW/ - Azure Dynamics Corporation (TSX - AZD & LSE -
ADC) ("Azure Dynamics" or the "Company") a leading developer of hybrid
electric and electric powertrains for commercial and military vehicles, is
pleased to announce that it has entered into an agreement with a large
Boston-based institutional investment manager to sell 13,431,500 common shares
of the Company from treasury at a price of CDN$1.00 per share for gross
proceeds of CDN$13,431,500. The issue will be placed directly with their
clients in the United States and Bermudaand is fully-subscribed. No
commissions are payable and issue costs are not expected to exceed
CDN$100,000. The offering is anticipated to close on or about August 31, 2005
and is subject to approval by the Toronto Stock Exchange.
The private placement financing will significantly strengthen the
company's cash reserves; proceeds will be applied towards execution of the
Company's commercialization strategy.
Campbell Deacon, Azure Dynamics CEO said, "We are very pleased to secure
this funding as it allows us to totally focus on two significant initiatives:
ramping up production of our commercial vehicles and establishing a meaningful
relationship with a strategic industry partner. The company is pleased with
the pace of development of our targeted commercial vehicle market and we are
now exploring how best to exploit our extensive hybrid electric Intellectual
Property in the automotive sector."
Azure Dynamics Corporation is a world leader in the development and
production of hybrid electric and electric commercial and military vehicles
and systems. The group estimates it has over 25 million miles of vehicle
experience. Azure Dynamics' operations are based in North America and Europe.
Azure Dynamics is currently working internationally with various partners
and customers including Purolator Courier Ltd., Canada Post, US Department of
Defense, United States Postal Service, SEV Group Limited, Leyland Product
Development and London Taxis International. Azure Dynamics Corporation is a
public company trading on the TSX (AZD) in Canada and on AIM (ADC) in the UK.
For more company information please visit www.azuredynamics.com.